Hirtle Callaghan & Co LLC Invests $2.32 Million in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Hirtle Callaghan & Co LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 26,138 shares of the company’s stock, valued at approximately $2,321,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Raymond James Financial Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $1,176,338,000. LPL Financial LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 6.1% during the fourth quarter. LPL Financial LLC now owns 5,685,914 shares of the company’s stock worth $504,852,000 after buying an additional 328,291 shares during the last quarter. Millburn Ridgefield Corp increased its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% during the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after buying an additional 180,849 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after purchasing an additional 21,739 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the fourth quarter. Assetmark Inc. now owns 1,606,337 shares of the company’s stock worth $142,627,000 after purchasing an additional 10,270 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.1 %

USMV opened at $92.29 on Monday. The company has a market capitalization of $24.09 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77. The firm has a 50-day moving average price of $92.25 and a 200-day moving average price of $91.66. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $79.69 and a twelve month high of $95.12.

About iShares MSCI USA Min Vol Factor ETF

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.